$REQ /USDT – Approaching Lower Band with Weak Momentum
$REQ is trading at $0.1480, down 5.55% over the last 24 hours, hovering just below the middle Bollinger Band, hinting at potential further downside unless support holds.
📊 Market Overview
• Current Price: $0.1480
• 24h High: $0.1580
• 24h Low: $0.1454
• 24h Volume:
• REQ: 2.82M
• USDT: $420,925
Bollinger Bands (20, 2):
• Upper Band (UP): 0.1538
• Middle Band (MB): 0.1488
• Lower Band (DN): 0.1438
MACD:
• DIF: -0.0019
• DEA: -0.0021
• Histogram: +0.0001 (momentum slightly turning but still bearish)
📈 Bullish Setup
If price rebounds off the lower Bollinger Band:
• Entry: 0.1450 – 0.1470
• Target 1: 0.1530
• Target 2: 0.1580
• Stop-Loss: 0.1420
📉 Bearish Setup
If 0.1450 support fails:
• Entry: 0.1440
• Target 1: 0.1400
• Target 2: 0.1350
• Stop-Loss: 0.1490
Analysis:
REQ is in a mild downtrend with fading bearish momentum. Price is nearing the lower Bollinger Band, a key level to watch for potential reversal or breakdown.
Your Move:
Set alerts near 0.1450. Wait for either bullish bounce confirmation or breakdown before entering.